MT 769 Field Specifications

4. Field 30: Date of Reduction or Release

FORMAT

6!n

(Date)

PRESENCE

Optional

DEFINITION

This field specifies the date as of which the bank which has issued or requested the issuance of the guarantee, ie, the Receiver, is released of all its liability under the specified guarantee for the amount specified in field 33B or 39C.

NETWORK VALIDATED RULES

Date must contain a valid date expressed as YYMMDD (Error code(s): T50).

USAGE RULES

The absence of this field implies that the bank which has issued or requested the issuance of the guarantee is released of all its liability as of the date the message was sent.